Pound Gains as May's Latest Offer Revives Brexit Deal Chances

Sterling gained the most in more than two weeks before the rally eased as May spoke in London. Lawmakers have already voted against holding a second referendum in a series of choices on Brexit options, though last month there were only 12 votes in it. Sterling has been weighed down this month as the prospect of a more hardline Brexit candidate replacing May has increased the risk of a no-deal exit from the European Union.

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